Delhi/Hyderabad, Feb 24 (Maxim News): The Supreme Court rejected a plea seeking to prevent the media from reporting on the Adani-Hinderburg issue till the court pronounces its order.
The apex court had reserved its order on February 20 on a batch of PILs on the recent Adani Group shares crash triggered by Hindenburg Research’s fraud allegations. The bench headed by Chief Justice D.Y Chandrachud, the other Justices P S Narasimha and J.B Pardiwala declined the plea of advocate ML Sharma who mentioned the matter.
“We are not going to issue any injunction to the media”. Earlier the top court had refused to take on record the suggestion of one of the petitioners and a report published by Forbes in a batch of PILs. The top court on February 17 had refused to accept in a sealed cover the Centre’s suggestion on a proposed panel of experts for strengthening regulatory measures for the stock market.
Observing that it wants to maintain full transparency in the interests of investors, it said it would rather not accept the Centre’s suggestion in a sealed cover. (Maxim News)
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